The Department of Education has announced that the number of people that are not making payments on their federal student loans within three years has fallen. The national student loan default rate is now at 11.3% which is down from 11.8% in the … [Read more...] about Why The Student Loan Default Rate Is Down
Student Loan Repayment Plans
Will Bankruptcy Erase Your Student Loans?
Annual bankruptcy filings are steadily decreasing as you can see in the chart above. However, things like national economic changes or shifts in the job market can cause bankruptcy rates to skyrocket. With so many students carrying … [Read more...] about Will Bankruptcy Erase Your Student Loans?
Student Loan Options Without A Co-Signer
Students headed for college and undergraduates across the country are increasingly turning to student loans to finance the furthering of their education. Not many tertiary educated learners can depend on family, or other connections, to fund their … [Read more...] about Student Loan Options Without A Co-Signer
Income Based Repayment Plan
An Income Based Repayment Plan (IBR) is a repayment plan that can help student loan borrowers get a more affordable monthly student loan payment based on income and the size of their family. The Income Based Repayment plan was created to help … [Read more...] about Income Based Repayment Plan
3 Student Loan Repayment Programs You NEED To Know About
One of our latest posts discussed how underutilized some student loan repayment programs were, and it also addressed some of the strength and weaknesses of income driven repayment programs. To recapitulate, an income-based repayment program can … [Read more...] about 3 Student Loan Repayment Programs You NEED To Know About
Borrowing Money to Pay Student Loans
Borrowing Money to Pay Student Loans Over 37 million Americans owe close to $1.3 trillion in student loans. A little more than 70% of U.S. 2014 college graduates had to borrow money from the federal government in order to obtain their bachelors … [Read more...] about Borrowing Money to Pay Student Loans
